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Feb 26, 2014
02/14
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it also repealed the alternative minimum tax and simplifies the tax of investment income. but in a town that lives and breathes through tax loopholes carved out by special interest, his plan is coming under heavy fire. >> it's a nightmare for accountants and attorneys, once they stop objecting to the provisions, they'll a lot less work to do. >> one such organization said, it's quote, disappointing that he chose to single out private equity, real estate, and venture capital investment by exacting a 40% tax increase, discouraging small business growth. and senate minority leader mitch mcconnell doudz it will fly in the senate. >> i don't see how we can because the majority leader and the president have said they want a trillion dollars in new revenue for the federal government as a condition for doing comprehensive tax reform. >> republicans have their own doubts about camp's plan. it imposes a surtax on those making over $400,000 a year. so camp is getting it from all sides, normally that's a sign you're doing something right, except in washington where normal rules don't
it also repealed the alternative minimum tax and simplifies the tax of investment income. but in a town that lives and breathes through tax loopholes carved out by special interest, his plan is coming under heavy fire. >> it's a nightmare for accountants and attorneys, once they stop objecting to the provisions, they'll a lot less work to do. >> one such organization said, it's quote, disappointing that he chose to single out private equity, real estate, and venture capital...
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Mar 4, 2014
03/14
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com the next time you nt a dvd, don't bother rewinding it. the way i see it, it's t next guy's problem. oh, larry. she thinks i'm crazy. mm-hmm. but would a crazy person save 15% on car insurance in just minutes? [ chuckles ] [ malennouncer ] 15 minutes for a quote is crazy. with esurance, 7½ minutes could save you on car insurance. welcome to the modern world. esurance. backed by allstate. click or call. >>> they have requested now a one-week delay for her, so the suspense continues on that front. this is a woman whose organization was targeted by the irs testifying before congress at a hearing last week. jenny beth martin says it took three years, two months, ten days and tens of thousands of dollars for her organization to finally get the tax-exempt status they requested. and she only got it, get this, the night before she was scheduled to testify before congress. that seem follow
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com the next time you nt a dvd, don't bother rewinding it. the way i see it, it's t next guy's problem. oh, larry. she thinks i'm crazy. mm-hmm. but would a crazy person save 15% on car insurance in just minutes? [ chuckles ] [ malennouncer ] 15 minutes for a quote is crazy. with esurance, 7½ minutes could...
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Mar 3, 2014
03/14
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there is a lot of the tax breaks that go to the rich. john: people have been since they can control. >> they are not saving even enough basically and it is difficult for people to save that way. >> people suffer. a bunch of towns have already gone bankrupt one was pritchard alabama. john: recently retired from the fire department after working 35 years. he hoped to relax and travel but now he is a security guard at the local mall. >> we put the money in every pate day they are supposed to pay us but they did not. >> that is why these should be federal programs. the trials of any city well come and go with the economy. detroit used to be a powerhouse. john: but politicians federal or low coal or good or responsible? >> we could have a productive future when we totally meet the requirements. >> all of them say health care cost or if we don't do it they will bankrupt every individual person. we're going hard to cut costs for medicare which is the right solution. >> the way you cut cost is by injecting competition into the system. because we
there is a lot of the tax breaks that go to the rich. john: people have been since they can control. >> they are not saving even enough basically and it is difficult for people to save that way. >> people suffer. a bunch of towns have already gone bankrupt one was pritchard alabama. john: recently retired from the fire department after working 35 years. he hoped to relax and travel but now he is a security guard at the local mall. >> we put the money in every pate day they are...
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Feb 28, 2014
02/14
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tax reform program this week. i had some issues with this. lots of people had issues with it. i think he deserved the credit he got for being willing to specify all the tax deductions he was twilg to get rid are of to simplify the system. unfortunately my loser is dave camp this week because his own party leadership in congress wouldn't back him up and the plan is basically going nowhere this year. >> winner and loser. jonah? >> putin is my loser insofar as all this investment in the olympics, all of that, all the prestige, that's all gone. the only hitch is he doesn't care. my winner of the week is todd. i don't know who todd is, but he is the guy who wrote the memo about the 1994 state of the union address in the clinton administration warning that clinton should not go out and say you get to keep your doctor and your healthcare plan because we don't want to get caught overpromising something we know isn't true. excellent. >> >>> this is a fox news alert. the crisis in ukraine growing more urgent by the minute. you crane leaders accusing moscow of invading. russian planes cr
tax reform program this week. i had some issues with this. lots of people had issues with it. i think he deserved the credit he got for being willing to specify all the tax deductions he was twilg to get rid are of to simplify the system. unfortunately my loser is dave camp this week because his own party leadership in congress wouldn't back him up and the plan is basically going nowhere this year. >> winner and loser. jonah? >> putin is my loser insofar as all this investment in...
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Mar 5, 2014
03/14
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KICU
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it raises taxes on wealthy americans and includes an overhaul of the corporate tax code that would end loopholes. the white house budget office projects-- the proposals reduce the federal deficit to $564 billion by 20-15--- taking the defict down by about half of what the obama administration inherited. house speaker john boehner criticized the spending increases, and called it the president's "most irresponsible budget yet." radio shack is on shaky ground with investors...the stock fell 17% yesterday after turning in a larger than expected loss for the 4th quarter. the electronics retailer also plans to close up to 1,100 stores. radio shack's ceo admits the company is partly to blame for the dismal holiday earnings. however, he remains confident in the turnaround plan. a week after online exchange mt. gox lost close to a half- billion dollars' worth of bitcoins to hackers, another exchange says the same thing has happened to them flexcoin has shut down, saying that hackers stole all of its bitcoins -- 600-thousand-dollars' worth. these troubles have not negatively affected the value o
it raises taxes on wealthy americans and includes an overhaul of the corporate tax code that would end loopholes. the white house budget office projects-- the proposals reduce the federal deficit to $564 billion by 20-15--- taking the defict down by about half of what the obama administration inherited. house speaker john boehner criticized the spending increases, and called it the president's "most irresponsible budget yet." radio shack is on shaky ground with investors...the stock...
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Mar 1, 2014
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tax code is 70,000 pages long. in 1986, it was 26,000 pages long. if that doesn't signal something is wrong, i don't think we have any evidence. on top of that, the irs erroneously sent $132 billion of taxpayer money to false, fraudulent claimants over the last ten years. and on top of that, a tax code should encourage innovation and investment. this one does not. >> that last point is where i pick up. i think that the focus here on this reform is simplification, but also growth. we need a tax code that doesn't retard the economy but enhances it. puts fewer obstacles in front of individuals and businesses to invest. i think this goes a big step in that direction. not perfect, but makes a big step in that direction. >> yeah, well, that's for sure. i've taken a look at some of the provisions. let me say it's not going to put tax accountants out of business. >> that is a dream. >> it's simpler but not simple. it reduces the corporate rate to 25%. we now have the highest in the industrialized world. >> which is 35%, closer to 40% if you include state ra
tax code is 70,000 pages long. in 1986, it was 26,000 pages long. if that doesn't signal something is wrong, i don't think we have any evidence. on top of that, the irs erroneously sent $132 billion of taxpayer money to false, fraudulent claimants over the last ten years. and on top of that, a tax code should encourage innovation and investment. this one does not. >> that last point is where i pick up. i think that the focus here on this reform is simplification, but also growth. we need...
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Feb 26, 2014
02/14
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for example, people who have certain tax deductions they have come to count on every tax season are not going to want to see those go away, regardless what they think of the irs, regardless whether they believe that those eliminating those tax deductions would lower tax rates overall. so i think that is just one example of why this is so volatile. perhaps we could see action on it after election season is over. certainly depending who holds the senate next year. it will be very interesting to see the future of these proposals. but in terms of reforming, for example, tax-exempt groups, there is nothing more vital to the republican base than keeping their ability to, to do political action through some of these increasingly powerful organizations. jon: so is that why republicans are so keen, for instance, to get lois lerner back in front of the committee to testify on capitol hill? >> yes, they do not feel lois lerner has not been up front. in many ways she hasn't. she pleaded the fifth and did not answer republicans questions last time she was on capitol hill. in fact we saw republican l
for example, people who have certain tax deductions they have come to count on every tax season are not going to want to see those go away, regardless what they think of the irs, regardless whether they believe that those eliminating those tax deductions would lower tax rates overall. so i think that is just one example of why this is so volatile. perhaps we could see action on it after election season is over. certainly depending who holds the senate next year. it will be very interesting to...
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Mar 3, 2014
03/14
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com some brokerage firms are but way too many aren't. why? because selling thfunds makes them more money. which makes you wonder. isn't at a conflict? search "proprietary mutual funds". yikes!! then go to e*trade. we've got over 8,000 mutual funds and not one of them has our name on it. we're in the business of finding the right investments for u. e*trade. less for us, more for you. the fund's prospectus contains its investment objectives, risks, chargesexpenses and other importt information and should be re and considered carefully befo investing. for a current prospectus visit www.etrade.com/mutualfunds. we are thinkers. the job jugglers. the up all-nhts. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start ove
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com some brokerage firms are but way too many aren't. why? because selling thfunds makes them more money. which makes you wonder. isn't at a conflict? search "proprietary mutual funds". yikes!! then go to e*trade. we've got over 8,000 mutual funds and not one of them has our name on it. we're in...
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Mar 3, 2014
03/14
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david camp's proposal on tax reform? >> yes. this week. >> neither party wants to take it on. neither party has a plan to grow an economy, to use energy independence. bottom line, shame on both parties for talking about recontribution or cutting taxes without a goal, which all americans share. >> kt and i were talking during the break. we can put every american back to work if we can tap our energy resources in this country. i'm getting thousands of people jobs paying 70,000 and $100,000 a year. they can't fill jobs in north dakota. >> the pipeline, sean. >> you're right, sean. what you don't do is harm americans least able to afford energy. with regulations killing fossil fuel industry, energy prices are going up, you're harming those going up, you're harming those least able to ♪ from the classic lines to the elegant trim in each and every piece, ♪ kohler will make your reality a dream. wow, this hoh no.s amazing. who are you? who are you? wrong answer. wait, daddy, this is blair, he booked this room with priceline express deals and saved a ton. yeah, i didn't have to bi
david camp's proposal on tax reform? >> yes. this week. >> neither party wants to take it on. neither party has a plan to grow an economy, to use energy independence. bottom line, shame on both parties for talking about recontribution or cutting taxes without a goal, which all americans share. >> kt and i were talking during the break. we can put every american back to work if we can tap our energy resources in this country. i'm getting thousands of people jobs paying 70,000...
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Mar 2, 2014
03/14
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then again, i think there ar some tax breaks and a good to the from clean energy earned income tax credit that encourages lower income americans to work. >> what w really interesting was that we saw big banks and wall street come out against ththis tax bil tax bill that everyonenows is going nowher they wanto make it clear that they are defending their turf and nonliving a t toretical ground on this, making sure republicans know that they need to heed what wall street wants oror else there will be cut off from donations. >> end of this session on tax reform. was a nice effort. and one still worth h discussin. when we come bacack, our next gut saysys the u.s. is made serious mistakes post-9/11 and it is impacting the economy. stay tuned for her prescription on what needs to happen. welcome back k to our next andt isuthor xime ortiz editorial writer for the "washingto tim." she has writitten a ovococative book called "shock and awing of america." welcome to "washington business report." i think this book is really an interesting read on so many levels. would yoargue is we took the wrong les
then again, i think there ar some tax breaks and a good to the from clean energy earned income tax credit that encourages lower income americans to work. >> what w really interesting was that we saw big banks and wall street come out against ththis tax bil tax bill that everyonenows is going nowher they wanto make it clear that they are defending their turf and nonliving a t toretical ground on this, making sure republicans know that they need to heed what wall street wants oror else...
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Feb 26, 2014
02/14
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CNNW
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com you'd do that for me? really? yeah, i'd like that. who are you talking to? uh, it's jake from state farm. sounds like a really good deal. jake from state farm at three in the morning. who is this? it's jake from state farm. what are you wearing, jake from state farm? [ jake ] uh... khakis. she sounds hideous. well she's a guy, so... [ male announcer ] another reason more people stay with state farm. get to a better state. ♪ you get 4 lines on at&t's network... including unlimited talk... unlimited text... and 10 gigs of data to share. 10 gigs? 10 gigs. all for $160 dollars a month. you know, i think our family really needed this. it's really gonna bring us closer together. yep. yep. yep. yep. yep. [ family ] yep. [ male announcer ] introducing our best-ever family pricing. for a family of 4, that's 10 gigs of data with unlimited talk and text for 160 dollars a month. only from a
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com you'd do that for me? really? yeah, i'd like that. who are you talking to? uh, it's jake from state farm. sounds like a really good deal. jake from state farm at three in the morning. who is this? it's jake from state farm. what are you wearing, jake from state farm? [ jake ] uh... khakis. she sounds...
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Feb 28, 2014
02/14
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millions of tax dollars are being used for disability payments. there is one serious problem oo. >> the new evidence you really need to hear. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protecon. and because usaa'commitment to serve current and former military members andheir families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. and a hotel is the perfect place to talk to you about hotels. all-you-can-eat is a hotel policy that allows you to eat all that you can. the hotel gym is short for gymnasium. the hotel pool is usually filled with water. and the best dot com for booking hotels, is hotels.com. it's on the internet, but you probably knew that. or maybe not, i don't really know you. bellman: welcome back, captain obvious. captain obvious: yes i am. all those words are spelled correctly. >> february the
millions of tax dollars are being used for disability payments. there is one serious problem oo. >> the new evidence you really need to hear. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protecon. and because usaa'commitment to serve current and former military members andheir families is without equal....
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Feb 26, 2014
02/14
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KICU
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in the plan being unveiled today, the g-o-p says it wants to lower the top tax income rate on the rich from 39.6% to 25%. they would also impose a new surtax on some wealthy taxpayers but not one that applys to capital gains or dividends. the plan needs democratic support to become law. the nation's biggest bank is eliminating 8,000 jobs. jp morgan chase says the cuts will be in the consumer and community units, and blames the lay-offs on a drop in demand for refinancings. the overall employee base of the bank will reportedly only drop by about 5,000 because the bank is adding positions in other areas. jp morgan chase has more than a quarter of million employees. the latest read on the housing market-- shows home prices are cooling off slightly.. the s&p case shiller index of 20 cities came in with a .1% decline in december from november. it's the second straight month over month drop. a spokesman for the s&p index says the str0ngest part of the recovery in home values maybe over. traders are welcoming earnings that helped push housing stocks higher this week. wall street cheered on ho
in the plan being unveiled today, the g-o-p says it wants to lower the top tax income rate on the rich from 39.6% to 25%. they would also impose a new surtax on some wealthy taxpayers but not one that applys to capital gains or dividends. the plan needs democratic support to become law. the nation's biggest bank is eliminating 8,000 jobs. jp morgan chase says the cuts will be in the consumer and community units, and blames the lay-offs on a drop in demand for refinancings. the overall employee...
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Feb 26, 2014
02/14
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that translated to $56,000 in local sales taxes. back to you. >> thank you. >>> some stories making news this morning. hundreds of protesters in turkey clash with police over voice recordings that include the prm telling his son to hide money from authorities. protesters shot fireworks at police who responded with fire hoses. >>> former new england patriot aaron hernandez got into a fight with an inmate. an altercation took place and neither were injured. tmz claims that hernandez beat up the other prisoner pretty badly. >>> four top police officers in king city, california, have been arrested on corruption charges. listen to this. the officers would steal impounded cars and sell them for a profit. the police chief even involved his brother in the scheme, who owns a tow truck company. >>> and taking a smoking break is one thing, but what about a pot smoking break. a police dispatcher in oklahoma is under arrest after she was caught smoking weed on camera while on duty in a police station. what was she thinking? apparently she wasn't
that translated to $56,000 in local sales taxes. back to you. >> thank you. >>> some stories making news this morning. hundreds of protesters in turkey clash with police over voice recordings that include the prm telling his son to hide money from authorities. protesters shot fireworks at police who responded with fire hoses. >>> former new england patriot aaron hernandez got into a fight with an inmate. an altercation took place and neither were injured. tmz claims that...
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Feb 26, 2014
02/14
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how are they greeting the news of a tax reform package? >> we reported this morning and last night that republicans are supported in general and in theory as a republican idea. when it comes to being a few months out of the midterm election, they are not pleased that they have to take a stance on a bill that has a lot of democratic ideals in it. they may take a whack at things that are popular with taxpayers and are bipartisanly popular. eric cantor in john boehner, the leaders of the republican caucus -- that has been lifted and has allowed him to go forward with a draft. there is still not support, from what we understand. democrats say that this will give them an amazing opportunity -- what they think is an amazing opportunity -- to whack republicans for being anti-middle-class or being in the pocket of big business. it will be harder to make that argument when there is the big levy on banks and the wealthy. those are democratic ideals. they will begin the opportunity in future negotiations of the budget to point to any one of the inclu
how are they greeting the news of a tax reform package? >> we reported this morning and last night that republicans are supported in general and in theory as a republican idea. when it comes to being a few months out of the midterm election, they are not pleased that they have to take a stance on a bill that has a lot of democratic ideals in it. they may take a whack at things that are popular with taxpayers and are bipartisanly popular. eric cantor in john boehner, the leaders of the...
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Mar 1, 2014
03/14
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on millionaires and billionaires, raise taxes on owners of private jets. that that is going to somehow make a difference in america's debt is not only misleading, quite frankly, it's disappointing. >> would they rather put our entire economy at risk just to protect a few and benefit only the wealthiest americans of corporations. >> it's the kind of language that you would expect from the leader of a third world country, not the president of the united states. >> let me bring back our studio audience. jessica, i'm going to put you on the spot. don't be mad. the top 10% wage earns, what do think they make? >> overall top 10% american wage earnser,s what percentage of the bill? >> they pay the majority of the bill. >> 72%. the bottom 50% of wabge earners what do they earn? >> they pay zero. federal income tax. >> the main issue that there is here is that we have seen not just under obama's administration, during which we've also seen a horrible recession, going back to the '70s where we've seen this growing income inequality. the problem is that we've seen it
on millionaires and billionaires, raise taxes on owners of private jets. that that is going to somehow make a difference in america's debt is not only misleading, quite frankly, it's disappointing. >> would they rather put our entire economy at risk just to protect a few and benefit only the wealthiest americans of corporations. >> it's the kind of language that you would expect from the leader of a third world country, not the president of the united states. >> let me bring...
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Mar 6, 2014
03/14
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yet he won't defend it mandates, taxes, regulations. as soon as people get unhappy with it, he delays it it he retreats from it now, if he won't fight for it at this point and insist that it makes sense and stay the course to use reagan's old language, who will? he is not even running for office ever again. who will defend it if he won't? so we're on. >> again, the delay, we're on a number of different delays, here is the president again talking about this, that it's working. >> it doesn't mean that at some point there won't be some additional problems or improvements that we can make. >> [inaudible] >> at this point i think actually it is working the way it should. >> it's working the way it should, juan. if it's working the way it should, why are they delaying key parts of it past 2016? >> i think to take away the political pressure that exists. >> but that's not working the way it should then. >> no. the political pressures have been intense. clearly, that's the one thing any republican you bump into will say they hate obamacare. >>
yet he won't defend it mandates, taxes, regulations. as soon as people get unhappy with it, he delays it it he retreats from it now, if he won't fight for it at this point and insist that it makes sense and stay the course to use reagan's old language, who will? he is not even running for office ever again. who will defend it if he won't? so we're on. >> again, the delay, we're on a number of different delays, here is the president again talking about this, that it's working. >> it...
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Mar 4, 2014
03/14
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if you want to sound smart tell your friends the proposal would give americans a tax cut in addition the plan expands the earned income tax credit to people from ages 21 to 67 a move that the white house hopes would lift nearly 500,000 people out of poverty. time to welcome back louis from l.a. to the cooler. did you have a good time? >> i did. i appreciate all of your support out there and i know you missed me so that made me feel good. >>> the interview jimmy kimmel has been dreaming of ever since he came on the scene. toronto mayor rob ford. ford was pretty much on his best behavior. >> no offense to our mayor but i want to show you some things. our mayor is a great guy. he is an excellent mayor but this is eric gardsetty. supporters at a picnic of some kind. there is you. there is eric holding someone's baby. there is rob ford holding someone's baby! there is eric enjoying a baseball game. there is rob ford enjoying a sporting event. you are sweating a lot. let me get you some tissues here. >> no, we are good. >> do you mind if i dab you, mr. mayor? auction there off on ebay afte
if you want to sound smart tell your friends the proposal would give americans a tax cut in addition the plan expands the earned income tax credit to people from ages 21 to 67 a move that the white house hopes would lift nearly 500,000 people out of poverty. time to welcome back louis from l.a. to the cooler. did you have a good time? >> i did. i appreciate all of your support out there and i know you missed me so that made me feel good. >>> the interview jimmy kimmel has been...
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Feb 28, 2014
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. >> we need a new corporate tax code and regulatory system to eliminate lobbyist loop holes and giveaways. level the playing field between businesses big and small and foster a dynamic globally competitive private sector. the left today no longer represents the little guy, but rather the crony clients of the ever expanding special interest state. progressives have become the party of wall street, k street and pennsylvania avenue. we must become the party of main street everywhere. >> k street what he's talking about where a lot of the lobbyists are in washington. that's utah tea party republican senator mike lee. keeping them honest, when he's not publicly crusading against lobbyists, guess. what he's privately asking them for money. drew griffin tonight caught him at it. take a look. >> reporter: it's 8:00 a.m. in snow bird, utah. and that early gondola heading up the mountain an hour before the slopes of this luxury resort even open is filled with lobbyists. but not just lobbyists. utah senator mike lee is here, too. in fact, it's his political action committee hosting a fundraising ski
. >> we need a new corporate tax code and regulatory system to eliminate lobbyist loop holes and giveaways. level the playing field between businesses big and small and foster a dynamic globally competitive private sector. the left today no longer represents the little guy, but rather the crony clients of the ever expanding special interest state. progressives have become the party of wall street, k street and pennsylvania avenue. we must become the party of main street everywhere....
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Mar 3, 2014
03/14
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to do a short term tax form. it would lower rates but in exchange it would end some current deductions. most conservatives like to lower rates wu not ending the deductions. some have even condemned the plan for not having spending cuts. but let's be fair, the ways and means kmee that congressman camp chairs doesn't handle spending. the appropriations committee does that. his committee's responsibility isn't how to decide how to spend the money, just figure out how to get the money that we spend. personally i still prefer the fair tax. that would eliminate the irs, it would end taxes and the punishment for our productivity and we'd collect taxes from your consumes instead of our work, investment and savings. until we can get there i would support something instead of living with the current chaos of 70,000 pages of tax code that no one understands all the time while others are talking about tax reform. at least dave camp is doing something about it. i would love to get rid of the horrible winter weather we've had
to do a short term tax form. it would lower rates but in exchange it would end some current deductions. most conservatives like to lower rates wu not ending the deductions. some have even condemned the plan for not having spending cuts. but let's be fair, the ways and means kmee that congressman camp chairs doesn't handle spending. the appropriations committee does that. his committee's responsibility isn't how to decide how to spend the money, just figure out how to get the money that we...
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Feb 27, 2014
02/14
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out many tax breaks yes loopholes to help pay for lower overall tax rates and that could be politically risky. dave camp proposed the plan. he joins us. good evening, sir. >> hey, greta, great to be here. >> give me the headline on your proposal for the tax overhaul. >> well, the real headline is the pro-growth plan that will actually grow our economy, create almost 2 million jobs, increase income for average families by $1,300 a year. increase charitable giving by over $2 billion a year. each and every year. so it's a positive agenda. it's a pro-growth message. it actually gives our party something to talk about being for. but, yes, what we do is lower rates and do it by reforming the tax code to pay for them. >> all right. speaker boehner seemed lukewarm impressed if that at least that's what i took away from his statements. why is speaker boehner at least why is my impression that he is sort of lukewarm on your suggestion? >> look, i'm just not going to settle for things the way they are. as i travel the country, americans don't think things are going to get better and they haven't.
out many tax breaks yes loopholes to help pay for lower overall tax rates and that could be politically risky. dave camp proposed the plan. he joins us. good evening, sir. >> hey, greta, great to be here. >> give me the headline on your proposal for the tax overhaul. >> well, the real headline is the pro-growth plan that will actually grow our economy, create almost 2 million jobs, increase income for average families by $1,300 a year. increase charitable giving by over $2...
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you're right about -- on the tax side, with this exception. this budget does not raise tax rates. it does get rid of certain tax loopholes, which even dave camp agreed were egregious and unproductive. so things like the carried interest for hedge fund owners, other tax breaks -- >> but what you're saying, congressman, is that the rich feel that they haven't been zoomed too much already, they're going to be zoomed again. >> but it's that these are not productive provisions of the tax code. they don't help the economy, but they can help by either reducing, you know, closing those loopholes to help reduce the deficit, or i would argue, to invest in things like our infrastructure, our roads and bridges, things that are important to get the economy moving. >> we've got to follow what happens to the money. but i would love to have you back on and i do admire that you do come on and consistent come on. chris van hollen, thank you very much. a pleasure seeing you again. >> you too. >>> meanwhile, i want you to meet someone very special to us here. her name is annie, she's one of my produc
you're right about -- on the tax side, with this exception. this budget does not raise tax rates. it does get rid of certain tax loopholes, which even dave camp agreed were egregious and unproductive. so things like the carried interest for hedge fund owners, other tax breaks -- >> but what you're saying, congressman, is that the rich feel that they haven't been zoomed too much already, they're going to be zoomed again. >> but it's that these are not productive provisions of the tax...
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. is is mike. his long race day starts with back pain... ...and a choice. take 4 advil in a day which is 2 aleve... ...for all day relief. "start your engines" >>> welcome back to "hannity" yesterday a coalition of african american pastors are calling for an impeachment of eric holder by trying to quote, coerce states to fall in line with the same-sex marriage agenda. reverend owens is with us. welcome to the show. >> thank you. >> explain your position. >> our position is we went in state after state over a period of years and the people voted to have marriage between a man and woman. and king obama and king holder decided different. they went agains
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com i dbefore i dosearch any projects on my home. i love my contractor, and i am so thankful to angie's list for bringing us together. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. is is mike. his long race day starts with back pain... ...and a...
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Mar 2, 2014
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tax code is 70,000 pages long. in 1986, it was 26 pages long. so if that doesn't signal that something is wrong, i don't think we have any evidence. on top of that, the irs, according to dave camp, the irs erroneously sent $132 billion to taxpayer money to false, fraudulent claimants over the last ten years. and on top of that, you know, a tax code should encourage innovation. and investment. and discipline. >> danelle, that last point is where i pick up. i think the focus here on this reform is simplification, as mary suggests. but it's also growth. we need a tax code that doesn't retard the economy but enhanced it. and more incentive to do so in places that really increase productivity. i think this goes a big step in that direction. not perfect, but a big step in that direction? >> for sure. i've taken a look at some provisions and let me say it's not going to put tax accountants out of business. >> no, that's a dream. >> it's simple. but it's not simple. another one of this thing does is reduce the corporate rate to 25%. >> which is 35%. clo
tax code is 70,000 pages long. in 1986, it was 26 pages long. so if that doesn't signal that something is wrong, i don't think we have any evidence. on top of that, the irs, according to dave camp, the irs erroneously sent $132 billion to taxpayer money to false, fraudulent claimants over the last ten years. and on top of that, you know, a tax code should encourage innovation. and investment. and discipline. >> danelle, that last point is where i pick up. i think the focus here on this...
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Mar 4, 2014
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as a country we have to make a decision if we are going to protect tax breaks or make smart investments to grow our jobs and expand opportunity for every american. those are the head lines. >> there are reasons why men and women in uniform are killing themselves. a tragic less visible cost of war is the inside story. >> hello, i'm ray suarez. during america's two wars this century one problem has been constant and resistant to efforts to combat it. service people, men and women, active people in reserve all branches of the service have been killing themselves at a high rate. the pentagon has been trying to figure outy, head people off before they end their lives, and the suicide rate has remained sub bornlstubbornly high. first, in background. >> the largest study of mental health ever conducted on u.s. military personnel revealed a startling fact. nearly half the soldiers who reported suicide attempt said their first attempt was prior to enlistment. it was believed that long repeated deployments in the recent wars were the cause. but now a first look at a huge mental health study point
as a country we have to make a decision if we are going to protect tax breaks or make smart investments to grow our jobs and expand opportunity for every american. those are the head lines. >> there are reasons why men and women in uniform are killing themselves. a tragic less visible cost of war is the inside story. >> hello, i'm ray suarez. during america's two wars this century one problem has been constant and resistant to efforts to combat it. service people, men and women,...
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Mar 3, 2014
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tax cuts, we're not cutting anybody taxes. we're asking for specific considerations. in areas where we are slowly, eventually reducing the growth of pay increases. there will still be pay increases. other areas, we think these responsible, we don't think it breaks faith with our people. but we have to reset, reposition, i've got to be able to keep a modern military. those coming in behind me, the technological edge that made our military the envy of the world along with everything else, best led, best trained, best equipped, best educated. we want to sustain that for our own interest and for our people. >> schieffer: you can see more of our interview with secretary hagel plus response from new york democrat who is not happy with some of the positions he has taken especially on sexual assaults in the military. you can see all of that on our website at facethenation.com. we'll be back in one minute with more on the ukraine. predicting the future is a pretty difficult thing to do. but, manufacturing in the united states means advanced technology. we learned that technolo
tax cuts, we're not cutting anybody taxes. we're asking for specific considerations. in areas where we are slowly, eventually reducing the growth of pay increases. there will still be pay increases. other areas, we think these responsible, we don't think it breaks faith with our people. but we have to reset, reposition, i've got to be able to keep a modern military. those coming in behind me, the technological edge that made our military the envy of the world along with everything else, best...
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they pay taxes, too. they claim that their representatives won't even listen to them. now, if nobody in nebraska and the governor turns on him, mr. president, it seems like you'll have to go talk to these people in nebraska. you'll have to meet with them because the other representatives won't. you won't have all the information, mr. president, unless you do what i did. it's an eye opener. it's a risk. it's unnecessary. we don't have to do this. there is plenty of oil and plnt of ways to move it. putting it over the aquifer would be a huge mistake for america. and if you say no, mr. president, it will be a huge symbolic symbol, it will be a huge symbolic statement to the country and to the world we're serious about this climate thing. get your cell phones out. i want to know what you think. tonight's question. is the keystone xl pipeline worth the risk? text a for yes, b for no to 67622. you can can go to our blog. we'll bring you the results later in the show. for more, let me bring in earnest schneider who covered the event in houston. great to have you with us tonig
they pay taxes, too. they claim that their representatives won't even listen to them. now, if nobody in nebraska and the governor turns on him, mr. president, it seems like you'll have to go talk to these people in nebraska. you'll have to meet with them because the other representatives won't. you won't have all the information, mr. president, unless you do what i did. it's an eye opener. it's a risk. it's unnecessary. we don't have to do this. there is plenty of oil and plnt of ways to move...
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Feb 27, 2014
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> i never questioned my faith in god. i questioned god's plan. there's a big difference. i know god is a good god. nothing can shake that from my life. i know god is a loving god. the question is, it's like my children. my children have never doubted that i love them. but they sometimes doubt my wisdom. and they don't think i've made the right decision. >> this interview with rick warren back in september. it was a heart-breaking interview. i know you're very good friends. i texted you mark at the time about it. because it resonated very strongly with me as a father. they lost this troubled son who took his own life with a gun. and they were so honest in that interview. and it was so heart-breaking. but i had to ask him, as a man of great faith, had it made him question his faith. i thought his answer was really fascinated. you're both committed christians, you're catholic and y
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> i never questioned my faith in god. i questioned god's plan. there's a big difference. i know god is a good god. nothing can shake that from my life. i know god is a loving god. the question is, it's like my children. my children have never doubted that i love them. but they sometimes doubt...
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as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john boehner calls the president's budget his most irresponsible budget yet. while paul ryan gets on the record saying, quote, this budget isn't a serious document. it's a campaign brochure. >>> over marriage equality, governor steve basheer plans to hire outside counsel. hours earlier, it was an emotional attorney general, jack conway, refusing. he said the appeal this ruling would just be defending discrimination. >> in the end, this issue is really larger than any single person. it's about placing people over politics. for those who disagree, i can only say that i'm doing what i think is right. in the final analysis i had to make a decision i could be proud of. for me now and for my daughter's judgment in the future. >> governor beshear said in a statement that legal definition of marriage, quote, will be and should be ultimately decided by the u.s. supreme court in
as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john boehner calls the president's budget his most irresponsible budget yet. while paul ryan gets on the record saying, quote, this budget isn't a serious document. it's a campaign brochure. >>> over marriage equality, governor steve basheer plans to hire...
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Feb 27, 2014
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in january, he convinced the residents of jackson to vote in a 1% sales tax to support the crumbling infrastructure. and he was attempting to find middle ground. that lifelong project tragically came to an end when he passed away apparently from heart failure, in a country where politics are cramped by consensus he dedicated his life to those consensus often forgets. he will be missed. [ male announcer ] staples has everything you need to help you keep a germ-free office. from latex gloves and antibacterial wipes to steam cleaners and keyboard vacuums. to microfiber cloths that leave no speck behind. yes, staples has everything you need for a germaphobe-friendly office... [ sneezes, coughs ] except germ-free coworkers. [ retches ] thousands of products added online every day... [ click ] even protective suits. [ sneezes ] staples. make more happen. this is the first power plant in the country to combine solar and natural gas at the same location. during the day, we generate as much electricity as we can using solar. at night and when it's cloudy, we use more natural gas. this ensures
in january, he convinced the residents of jackson to vote in a 1% sales tax to support the crumbling infrastructure. and he was attempting to find middle ground. that lifelong project tragically came to an end when he passed away apparently from heart failure, in a country where politics are cramped by consensus he dedicated his life to those consensus often forgets. he will be missed. [ male announcer ] staples has everything you need to help you keep a germ-free office. from latex gloves and...
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tax, tax, tax and the medicaid. sometimes i paid a lot. i work two jobs at one time. i got disabled two months before my 60th birthday. i thought i was going to work until the day i died. i body fell apart. all of that money we paid in, ask the democrats about. it was the democratic presidents that pulled out of social security to keep the government open. it seems like everything comes out of social security. the other thing, medicaid. of people that are underprivileged. i understand that. ofhave hundreds of thousands illegal immigrants that are on this, even on obamacare. "the washington post where did you learn that? host: where did you learn that? how do you budget more than you take him? he is weighing in on the budget proposal. kim, davenport, iowa. caller: the bottom line of this whole thing is not looking at -- when looking at the transportation part of it. building bridges to nowhere, yes it gives us jobs. we have three prisons in the united states that were never open. was 13 yearsar us never open because they built it with federal money. they could not affo
tax, tax, tax and the medicaid. sometimes i paid a lot. i work two jobs at one time. i got disabled two months before my 60th birthday. i thought i was going to work until the day i died. i body fell apart. all of that money we paid in, ask the democrats about. it was the democratic presidents that pulled out of social security to keep the government open. it seems like everything comes out of social security. the other thing, medicaid. of people that are underprivileged. i understand that....
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now on "morning joe" today he said this provides reform and growth, he says it's a simpler tax code in which 95% of taxpayers would pay a 10% rate. it too good to be true? it cuts a few cherished cuts and credits, which has led some to say it's d.o.a. senator warren is taking part in a discussion at the center for american progress. but not not so much for the middle class, an issue she's been leading on. >>> we want you to know, as we keep you read in here, at this hour, tea party patriots are throwing themselves a fifth anniversary. among the speakers thob michele bachmann is speaking right there on the screen, plus steve king and tea party senator mike lee. rand paul and ted cruz are headlining in the afternoon. we'll have more on that story later. >>> coming up first, president obama making good on a promise that he made to young minority men. will the promise ultimately breed results? that of course is a question on a lot of people's minds. we're talking about the initiative today with his labor sect tore, tom perez, here on jansing & co. that's up next. you leave the house in goo
now on "morning joe" today he said this provides reform and growth, he says it's a simpler tax code in which 95% of taxpayers would pay a 10% rate. it too good to be true? it cuts a few cherished cuts and credits, which has led some to say it's d.o.a. senator warren is taking part in a discussion at the center for american progress. but not not so much for the middle class, an issue she's been leading on. >>> we want you to know, as we keep you read in here, at this hour, tea...
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Feb 26, 2014
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the private sector based on we've cut taxes 24 times. we're going to cut taxes another $500 million this year. the private sector's come back in our state. 462,000 jobs. so my job is continue to do what i've been doing for the last three years, make sure all families can get a job. we have 282,000 job openings. look, i know what it was like. i lived in public housing growing up. i remember when my dad lost his job. i remember when he got his car repossessed. i'm trying to make sure that never happens to another florida family. >> i want to go, but what do you think accounts for the perception issue? i understand you want to go and go compare your two records. but the perception is something that you have to overcome. why do you think it's out there? why do you think he's remembered more fondly than your current ten years, governor? >> chuck, i'm not a pundit. my job is to focus on families. i worry about families, like mine growing up. they needed a job. they want to make sure the kids get a great education. we've dramatically increased
the private sector based on we've cut taxes 24 times. we're going to cut taxes another $500 million this year. the private sector's come back in our state. 462,000 jobs. so my job is continue to do what i've been doing for the last three years, make sure all families can get a job. we have 282,000 job openings. look, i know what it was like. i lived in public housing growing up. i remember when my dad lost his job. i remember when he got his car repossessed. i'm trying to make sure that never...
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we're still paying taxes. still new yorkers. >> right. there are, i know you've heard this, there are some people out there who take an issue with the fact that you're talking about these neighborhood, your old neighborhood of fort greene that you don't still live there, you left fort greene however many ten years ago. >> the reason why i left fort greene, everybody in fort groeee knows me and they ring my bell. my wife said we have to go. my office is still in fort greene. woody allen does not live in mid wood. barbara streisand moved out. jay-z moved out. spike lee is not the only person from brooklyn who's left the borough. my heart will always be in the republic of brooklyn, new york. >> i haven't heard anyone calling out woody allen for leaving brooklyn. spike lee, it's good to have you on the program always. it's interesting. thank you. >> anderson, anytime you call me, i'm on. >> all right. i appreciate it. take care. >>> up next, it sounds like something out of a spy novel. private bankers, a secret elevators, statements hidden in
we're still paying taxes. still new yorkers. >> right. there are, i know you've heard this, there are some people out there who take an issue with the fact that you're talking about these neighborhood, your old neighborhood of fort greene that you don't still live there, you left fort greene however many ten years ago. >> the reason why i left fort greene, everybody in fort groeee knows me and they ring my bell. my wife said we have to go. my office is still in fort greene. woody...
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and that's the earned income tax credit, as well. i mean, that actually is -- a refundable tax credit that a lot of people support that gives low-income people the ability to get -- >> it is -- i wish we had more time to make this argumentment at the end of the day, it's a one-time payment. people need money year round. i'm not sure that government should be subsidizing -- >> that's why that needs to be change. >> i think we can agree on that. i know we didn't have time. thank you very much. >>> that wraps up things for "the reid report." i'll see you tomorrow at 2:00 p.m. eastern. join us on line at thereidreport.com. "the cycle" is up next. >>> i wish you had more time for that segment, too. sounds interesting. good debate. we've got a lot on the ukraine, obviously. following breaking news and breaking diplomatic announcements. we'll bring it to you. also gay rights and the argument over chicken wings. >> i'm on a diet. i don't want to hear that. get married, have a couple of kids, [ children laughing ] move to the country, and liv
and that's the earned income tax credit, as well. i mean, that actually is -- a refundable tax credit that a lot of people support that gives low-income people the ability to get -- >> it is -- i wish we had more time to make this argumentment at the end of the day, it's a one-time payment. people need money year round. i'm not sure that government should be subsidizing -- >> that's why that needs to be change. >> i think we can agree on that. i know we didn't have time. thank...
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advertising taxes? >> one of the things we are doing in this legislation -- and there is going to be a detailed briefing on this policy -- but i businesses,r all the top rate is going to be 25%. there is a significant rate reduction. one of the things we need to engage people on is the trade-offs we are making in order to lower rates. with regard to advertising, the first $1 million of advertising will be expensed as is now. i think that the 25% rate and the growth that comes from that that ourhange means economy grows by 20%. [indiscernible] >> many businesses organized this way because of tax reasons. would prevent them from organizing as a c corporation if they wanted to. important to the revenue-neutral in this bill. we are in a static basis. we are also distribution only neutral. this is about how to move forward with the fairest plan possible. >> the tax on large banks and insurers, can you provide an industry-neutral -- >> as we look at the financial side of this bill, we need to look at the fact
advertising taxes? >> one of the things we are doing in this legislation -- and there is going to be a detailed briefing on this policy -- but i businesses,r all the top rate is going to be 25%. there is a significant rate reduction. one of the things we need to engage people on is the trade-offs we are making in order to lower rates. with regard to advertising, the first $1 million of advertising will be expensed as is now. i think that the 25% rate and the growth that comes from that...
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the federal gas tax has been capped around 17 cents a gallon. drivers from the northeast to the midwest don't need a reminder how bad our roads can be. the drivers $6.5 billion. jonathan, how about those potholes, do you have a view on that? >> i like to avoid them. >> i'm anti-potholes, too. >> that's all the time we have. it was nice having you on. >> thank you, ari, i appreciate it. >> $300 billion over four years. put aside the skepticism about getting anything done in washington. walk us through you there at the white house what you know about this and the plan. >> well, i think what you've got is the president again trying to get congress, trying to get the government to invest in infrastructu infrastructure. this is something he's been trying to do for several years. not just invest in it, invest in it ahead of time so as anthony fox, the transportation secretary said earlier today, you don't continue to put band aids on for the nation's highways and other infrastructure. that's what we've been doing to borrow a term for the show. there's
the federal gas tax has been capped around 17 cents a gallon. drivers from the northeast to the midwest don't need a reminder how bad our roads can be. the drivers $6.5 billion. jonathan, how about those potholes, do you have a view on that? >> i like to avoid them. >> i'm anti-potholes, too. >> that's all the time we have. it was nice having you on. >> thank you, ari, i appreciate it. >> $300 billion over four years. put aside the skepticism about getting anything...
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the board of equalization voted to lower the tax for a year. the board is requiring to adjust the rate accord to a complex formula. >> hope the gas tank is filled this morning because you hate getting wet in the morning. >> it will be one of the days where the boss will cut you some slack. >> here is a look at what is going on: lake tahoe is clear with the rain leaving cloverdale and toward guerneville. that is why we are seeing heavier rain in your neighborhood. we are following the batch pulling away from concord headed to pittsburg and clayton and antioch which is next. headed to 680 you can see where it meets we have light-to-moderate radar stretching up to napa all headed to the eat. it should be out are your neighborhood in the next ten or 20 minutes. you can see green if the bay area but mostly drizzle and light rain. we have lightning offshore but they will come ashore with a second wave coming at us in three hours. maybe four hours. that is the beginning of the floodgates opening. the winds are around 13 miles per hour at sfo and ten a
the board of equalization voted to lower the tax for a year. the board is requiring to adjust the rate accord to a complex formula. >> hope the gas tank is filled this morning because you hate getting wet in the morning. >> it will be one of the days where the boss will cut you some slack. >> here is a look at what is going on: lake tahoe is clear with the rain leaving cloverdale and toward guerneville. that is why we are seeing heavier rain in your neighborhood. we are...
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and that itself results in almost $2,000 in local and state sales tax revenues lost. >> reporter: but with the tide turning, even republicans who supported and voted for the bill, like state senator steve pierce -- you didn't think it was targeting the lgbt community? >> not at all, no. >> reporter: they're now urging brewer to veto it. >> we made a mistake, and now we have to fix it. >> reporter: if the governor doesn't sign or veto the bill by the end of the week it becomes law automatically. still, this morning an aide to the governor said this bill was never part of her agenda, another hint that a veto is likely. brian? >> mike taibbi starting us off from phoenix tonight. mike, thanks. >>> now to a new fight that's erupted in public today over the end of the war in afghanistan. fed up and frustrated, the president of the united states issued an ultimatum to the president of afghanistan today. after 13 years of war, it affects how and when every american finally comes home. our pentagon correspondent jim administration chef ski is tonight traveling with the chairman of the joint ch
and that itself results in almost $2,000 in local and state sales tax revenues lost. >> reporter: but with the tide turning, even republicans who supported and voted for the bill, like state senator steve pierce -- you didn't think it was targeting the lgbt community? >> not at all, no. >> reporter: they're now urging brewer to veto it. >> we made a mistake, and now we have to fix it. >> reporter: if the governor doesn't sign or veto the bill by the end of the week...
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so we need economic growth, not new taxes. new taxes will make it harder to grow the economy. second we know because the congressional budget office just told us a week or so ago that we have record levels of debt and growing levels of debt. another $10 trillion added to our debt in the next ten years. we get backed up to a trillion dollars a year in deficits during that time period. so we though those two things. and, yet, the president saying, no, we're going to put more taxes on the economy. we're not going to deal with the debt and deficit. >> let me bring in, because we have limited time, let me bring in congressman vanholland. the reason we can afford new spending is because the deficit is going down. that only tells part of the story. according to the budget office, the deficit does drop this year and next. but then if you look in the outyears, it starts to go up again and reaches over $1 trillion again by 2022. >> well, that's right. i can just say a quick word on the u-turn response in the earlier section. i think we're 48 hours near an international crisis. i would h
so we need economic growth, not new taxes. new taxes will make it harder to grow the economy. second we know because the congressional budget office just told us a week or so ago that we have record levels of debt and growing levels of debt. another $10 trillion added to our debt in the next ten years. we get backed up to a trillion dollars a year in deficits during that time period. so we though those two things. and, yet, the president saying, no, we're going to put more taxes on the economy....
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the 2012, 2013 fiscal cliff tax deal reduced these tax breaks a little bit, but -- not tax breaks, but increased tax rates a little bit. wealthy americans decreased to some, but there are still many tax breaks that allow wealthy americans to reduce their real taxable income, and that is a key part of the president's proposal is trying to address that. host: how does the president's budget deal with the affordable care act? guest: it does not have that much to do with the affordable care act, but it does do a few things. if fully funds the limitation of the affordable care act. for several years, the hhs has been scraping by here and there to try to get the programs fully funded, and they have done it because it is the president's top priority, but often the congress is never fully funded. severalet also proposes additional policies to build on the aca. for example, improving processes to medicare providers and other things. the main part of the aca is happening outside and is already in place and now it is an implementation question. host: on a blog this morning, the house to today is
the 2012, 2013 fiscal cliff tax deal reduced these tax breaks a little bit, but -- not tax breaks, but increased tax rates a little bit. wealthy americans decreased to some, but there are still many tax breaks that allow wealthy americans to reduce their real taxable income, and that is a key part of the president's proposal is trying to address that. host: how does the president's budget deal with the affordable care act? guest: it does not have that much to do with the affordable care act,...
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Mar 6, 2014
03/14
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taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the leap the administration has given us on this budget and fund the full 56 billion dollars. there will be differences how and whether we should do it. it seems to me to be absolutely clear that we need some bipartisan cooperation in order to achieve that. you three have been terrific in terms of your patients and we are grateful for your s ervice. smileary hale has a big on your face. we now stand adjourned with our thanks. >> the houses in this morning and will work on a measure to make ukraine's new government eligible for loan guarantees. on c-span2, sen
taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the...
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Feb 27, 2014
02/14
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CSPAN2
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corporations not paying taxes -- that's okay. but i don't believe that we should be providing help to you. so the bottom line, mr. president, is what we believe in. it's not the speeches that we give on memorial day and an veterans day. i know my colleagues give great speeches. the question is and the more important issue is, not your fine rhetoric, but are you prepared to votes for programs that help human beings in need? speeches are great. but action is better and far more important. so, mr. president, this is about who we are as a people. it is about what our priorities are. and in my view, at the very top of our priority list has got to be to protect and defend those people who have protected and defended us, those people who have given much, much more than we can ever repay. those gold star wives right now who want to go to college, and we allow that in this bill. they lost their husband. they're trying to take care of their kids. they want a new shot at life. they need a college education. we say you should have that. i do
corporations not paying taxes -- that's okay. but i don't believe that we should be providing help to you. so the bottom line, mr. president, is what we believe in. it's not the speeches that we give on memorial day and an veterans day. i know my colleagues give great speeches. the question is and the more important issue is, not your fine rhetoric, but are you prepared to votes for programs that help human beings in need? speeches are great. but action is better and far more important. so, mr....
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Mar 4, 2014
03/14
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his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely. >>> global markets are rebounding today as investors digest the situation in ukraine. even the dow jones flew out of the gate this morning. alison kosik is over at the new york stock exchange. how much have we bounced back today? >> quite a bit. what a difference a day makes. even the s&p 500 at a record high. the dow up 200 points, 205 points. all 30 stocks in the dow are in the green. very different story yesterday. it was a sea of red. we also saw that turn-around happening overseas, all the way -- there were those down arrows we saw yesterday in europe, asia, russia, they all turned up today. analysts say investors today aren't on red alert. it's not such a dire situation. i think when putin spoke and said russia doesn't want to annex crimea, analysts said that the ukraine should fade as an issue. through these geopolitical e
his budget would also expand the child and dependent care tax credit and create automatic iras to help workers save for retirement but it's unlikely those plans will get through congress. he needs legislation to enact all of that and that does not look likely. >>> global markets are rebounding today as investors digest the situation in ukraine. even the dow jones flew out of the gate this morning. alison kosik is over at the new york stock exchange. how much have we bounced back today?...
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Mar 1, 2014
03/14
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more than a full time job, and i don't have time for unreliable companies. angie's list definitely saves me time and money. for over 18 years we've helped people take care of the things that matter most. join today. which is why he's investing in his heart health by eating kellogg's raisin bran®. not only is kellogg's raisin bran® heart healthy it's a delicious source of potassium. ♪ mom make you eat that? i happen to like raisins. [ male announcer ] invest in your heart health. now that's what i'm talkin' about. with kellogg's raisin bran®. [ female announcer ] now with kellogg's
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com life could be hectic. as a working mom of two young boys angie's list saves me a lot of time. after reading all the reviews i know i'm making the right choice. online or on the phone, we help you hire right the first time. with honest reviews on over 720 local services. keeping up with these two is more...
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Mar 4, 2014
03/14
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WUSA
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it includes tax increases on the wealthy and spending on things like roads and job training. little of it will pass the republican house. the budget would also shrink the armed forces. what might happen if tens of thousands of service members join the workforce. here's mark strassmann. >> reporter: jim reid retired from the u.s. army as a lieutenant colonel in 2011. after 27 years and nine combat deployments. he went looking for a job as a civilian. did you think at the time when i become a civilian, i'm going to have a skill set that i can use? >> oh, absolutely. i'm a nurse anestivity. so an easily transferable skill, something hospitals use every day throughout the country. >> reporter: and you still had a rough time. >> di. i did. >> reporter: reid has worked at three hospitals in three years and been laid off twice. >> it was very difficult to deal with, and it kind of made me question, you know, myself a little bit, first time in a long time that i had to do that. >> reporter: the unemployment rate for post-9/11 veterans is 7.9%, higher than the national civilian averag
it includes tax increases on the wealthy and spending on things like roads and job training. little of it will pass the republican house. the budget would also shrink the armed forces. what might happen if tens of thousands of service members join the workforce. here's mark strassmann. >> reporter: jim reid retired from the u.s. army as a lieutenant colonel in 2011. after 27 years and nine combat deployments. he went looking for a job as a civilian. did you think at the time when i become...
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Feb 28, 2014
02/14
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and pay no taxes with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their money is going to last. i try not to worry, but you worry. what happens when your paychecks stop? because everyone has retirement questions. ameriprise created the exclusive confident retirement approach. to get the real answers you need. start building your confident retirement today. >>> claimants of political retaliation began surfaces from one of america's biggest credit agencies, s&p suggested doj lawsuit into their company may have begun with a closed door meeting with the president and their treasury secretary. >> it is important to note that the department of justice claims that the standard and poors in 2004 and 2005 pumped up the credit rating to help them. remember, mo
and pay no taxes with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com ameriprise asked people a simple question: can you keep your lifestyle in retirement? i don't want to think about the alternative. i don't even know how to answer that. i mean, no one knows how long their money is going to last. i try not to worry, but you worry. what happens when your paychecks stop? because...
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Feb 27, 2014
02/14
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MSNBCW
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back to "the ed show." the greatest privilege any american has is the right to vote in a representative government. members of congress have a responsibility to represent the people who sent them there. in rural nebraska, the people i met last friday are getting a raw deal. many of them traveled to washington to talk to congressman terry lee and senator mike johanns concerning the pipeline. tonight this is their story. ♪ in the breadbasket of america, where corn is king, everything surrounding this fight has been taller than corn. from the lobbying effort to the misinformation campaign, these concerned citizens feel big oil has tried to confuse the residents of nebraska, and it seems that everybody is in on the game. >> he sent an e-mail to his supporters saying that their electricity bills will go up unless the keystone xl pipeline is approved. that is outrageous. i
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com >>> welcome back to "the ed show." the greatest privilege any american has is the right to vote in a representative government. members of congress have a responsibility to represent the people who sent them there. in rural nebraska, the people i met last friday are getting a raw...
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Mar 4, 2014
03/14
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the proposal does call for extending some tax breaks to lower-income americans, the earned income tax credit. the benefits would be paid for by closing loopholes for higher paid workers, ones they use often to reduce their tax burdens. >>> meanwhile, the pentagon's budget proposal will detail those much-discussed cuts to the army. that will reduce the troop levels to their lowest amount since before world war ii. defense secretary chuck hagel today plans to outline how the military will instead use its $500 billion budget to expand cyber warfare capabilities and develop other high-tech weapons. >> but these cuts very, very controversial now in light of what's happening in ukraine. >>> meanwhile, final, new rules aimed at reducing greenhouse gases coming from cars and trucks. the epa is putting the finishing touches on regulations requiring refineries to cut sulfur levels in gasoline by 2017. this also forces lawmakers to change their vehicles to reduce tailpipe emissions. the epa and some environmental groups call it a win for planet earth, but the oil industry says the new rules will
the proposal does call for extending some tax breaks to lower-income americans, the earned income tax credit. the benefits would be paid for by closing loopholes for higher paid workers, ones they use often to reduce their tax burdens. >>> meanwhile, the pentagon's budget proposal will detail those much-discussed cuts to the army. that will reduce the troop levels to their lowest amount since before world war ii. defense secretary chuck hagel today plans to outline how the military...